Monotone comparative statics in ordered vector spaces

被引:0
|
作者
Jensen, Martin K. [1 ]
机构
[1] Univ Birmingham, Birmingham B15 2TT, W Midlands, England
来源
关键词
increasing differences; supermodularity; ordered vector space; vector lattice; comparative statics; non-smooth analysis; Henstock-Kurzweil integration; GAMES;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper considers ordered vector spaces with arbitrary closed cones and establishes a number of characterization results with applications to monotone comparative statics (Topkis (1978), Topkis (1998), Milgrom and Shannon (1994)). By appealing to the fundamental theorem of calculus for the Henstock-Kurzweil integral, we generalize existing results on increasing differences and supermodularity for C-1 or C-2 functions. None of the results are based on the assumption that the order is Euclidean. As applications we consider a teamwork game and a monopoly union model.
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页数:23
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